Above there are wide open spaces to next fibs.
It could be a good HODL buy or high profit trade.
The Fib series is from last drop starting in May 2018.
The 2.618 was good support and is a common bounce point.
The 2.236 often works in tandem acting as the 'other' wall.
Break above 2.236 opens it up to the 1.618 as final target.
2.0 is not a valid Fib, but 'Double' and 'Half' do get attention.
1.764 (2.0 - .236) is not often strong but proved during drop .
Break above the 2.236 and then retest would be great entry.
Support wise, the 2.382 must hold or odds of breakout diminish.
Of course, if the 2.618 breaks then the downtrend will resume.
Ideal: sudden spike down to 2.382 and then a 'super-ball' bounce.
Closeup I am watching this fib for clues
Zoomed in. You cant get any more precise than that
Zooming in, we see just how Precise the Fib line forecased the resistance
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